Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive compounds and agrochemicals. Its structure allows for selective functionalization, making it valuable in constructing heterocyclic systems found in drugs with antimicrobial, antifungal, or anti-inflammatory properties. Commonly employed in cross-coupling reactions to introduce the isoxazole moiety into target molecules. Also utilized in research settings for generating novel compound libraries in medicinal chemistry.